Markets and Diversity
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Author
Publication
2004-07-15 - Harvard University Press
Language
English
Word Count
92,500 words, Guess
Page Count
370 pages
Physical Format
Hardcover
Identifiers
- Open LibraryOL7670898M
- ISBN-139780674010758
- ISBN-100674010752
- OCLC Control Number53970723
- Library of Congress Control Number2003067633
and 1 more
- Goodreads4155819
Classifications
- LCCHD5706.R67 2004
Description
"A staunch neoclassical economist, Sherwin Rosen drew inspiration from Adam Smith's Wealth of Nations, particularly his theory of compensating wage differentials, which Rosen felt was central to all economic problems involving product differentiation and spatial considerations. The main theme of his collection is how markets handle diversity, including the determination of value in the presence of diversity, the allocation of idiosyncratic buyers to specialized sellers, and the effects of heterogeneity and sorting on inequality."--BOOK JACKET.
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